Tuesday, May 4, 2010

Google acquires Toronto startup

Google is the proud new owner of a Canadian 3D touch screen desktop program.

The technology giant acquired Bump Top, a Toronto-based start up that created a touch screen desktop program that makes icons function more like real-world objects.

For example, you can move your folders and icons around your screen with your fingers, scrunch folders into piles, flick through files like you would a photo album, or even crop pictures by drawing lines through them with your fingertips. It works on Mac OS or Windows 7 with a touch screen-enabled monitor.

Bump Top was operating out of Toronto-based venture capital firm Extreme VP, and the software was developed at the University of Toronto's Dynamic Graphics Project.

"We're excited to announce that we've been acquired by Google!," reads a post on Bump Top.com, signed The Bumps. "Thanks again for all your support over the years. Despite our change in strategy, we remain as passionate as ever about helping shape the future of computing!" That means the program will no longer be available for purchase, and no further updates are planned. However, it's available to download for free for the rest of the week.

Neither company has released details of the deal, but the Globe and Mail estimates Google purchased Bump Top for between $30-45 million.

No comments:

Post a Comment